Introduction: Model Relationships Network Model Overview Example Commercial Model Overview Component Hierarchy & Definitions Example of Structure

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4 Introduction: Model Relationships Network Model Overview Example Commercial Model Overview Component Hierarchy & Definitions Example of Structure MISO Functions Served by the Network Model by the Commercial Model by Both Models Model Maintenance Overview Timelines Important Takeaways List of Reference materials and Contacts 4

5 Note: The Network Model referenced in this training and the BPM reflects only the Network Model associated with the Integrated Control Center Systems (ICCS) and MISO Market system applications. It does not refer to other power system models developed and maintained by MISO to support functions such as long-range planning. The Network Model and Commercial Model both provide essential information to the DART and FTR models for accurate reliability, market, and analysis functions. In addition, element parameters and asset meta-data are exchanged between the Network and Commercial models. Each model s accuracy is essential to MISO operation; how the Commercial Model is created directly affects the market settlement function for each Market Participant. Network Model All Real-Time Reliability applications (such as the State Estimator and Real-Time Contingency Analysis application) run on the network model The Real-Time Market and Day-Ahead Market applications (such as the Unit Dispatch System and the Unit Commitment System) run on the network model The Operators Power Flow and other EMS Study applications run on the network model The Voltage Stability Analysis application runs on the network model 5

6 The Base FTR models are derived from the network model The Dispatch Training Simulator application runs on a model that is built from the network model Commercial Model The commercial model is key input to the Real-Time Market and Day-Ahead Market applications (such as the Unit Dispatch System and the Unit Commitment System) The commercial model is key input for the FTR systems The commercial model is key input to the Settlement systems The Dispatch Training Simulator application runs on a model that is built from the commercial model The MISO stakeholders utilize the network model, commercial model and FTR model to perform various market studies and analysis The Independent Market Monitor (IMM) uses the network and commercial model data to provide critical functions in support of FERC, state regulators and the Midwest to ensure the success of the wholesale electricity markets <<Subsequentslides further define relationships and dependencies between the NM and CM>> 5

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8 Network Model Supports the Real-Time and study network analysis functions: Power system reliability Market operations functions that are used to securely commit and dispatch generation Assessment of FTR availability Populated with data provided by authorized TOs and MPs. Provides a mathematical representation of the electric power system. Database of detailed information for transmission network elements. 7

9 Consists of Static and Telemetered data. Power system components are connected together to represent the actual power system circuits. Linking of the power system components describes the topology of the bulk power network. Static Data is provided during registration Network model Network Model Static Data consists of mathematical representations of each power system component. MISO Network Model Data Modification Web Tool document describes static data requirements Dynamic Data (telemetry) Network Model MISO ICCP Data Exchange Specification describes the data, frequency requirements, and naming conventions for data exchanged via ICCP to and from MISO. Telemetered data supplied to MISO by the Transmission Owners and the MPs is mapped to the static model components. The telemetered values used to support Real-Time analyses are: Switching Device Status (Open/Close) Line and Transformer Flow (MW and MVAR) 8

10 Circuit Breaker Flows (MW and MVAR) Net or Gross Generation (MW and MVAR) Generation Auxiliaries (MW and MVAR) Synchronous Condenser and Static VAR Compensator (MW and MVAR) Load (MW and MVAR) Bus Voltage Magnitudes (kv) Transformer and phase shifter tap positions The SE can use both paired and unpaired real and reactive power measurements. The more telemetry that is available to the SE, the more likely the SE will return a more accurate solution. The SE will make use of forecast and default values if Real-Time data is unavailable. Limits for transmission lines, loads, transformers, and shunts supplied by the Transmission Owners are assigned to each measurement. MISO operators are primarily concerned with three ratings for each piece of equipment. Normal ratings Emergency ratings Interconnection Reliability Operating Limit ratings Telemetry for the following resources is required to participate in the Energy and Operating Reserves Markets Generators Stored Energy Resources DRR Type II 8

11 Commercial Model Business-driven, financial representation of the physical Network Model. Facilitates market operations and settlement. Identifies assets, the owners of the assets, and the Asset Owner s representative Market Participant. Defines all locations where prices are established and used for business transactions in the MISO markets. Should be created with an economic understanding of how business operations will be impacted by the corresponding LMPs. 9

12 Market Participant The MP is the entity that is financially obligated to the MISO for Market Settlements. The MP must have associations with at least one Asset Owner. Asset Owners Asset Owners are commonly referred to as LSEs or Generation Owners but an Asset Owner can own any combination of generation and load. Not all Asset Owners must have physical Assets of load and generation. Includes entities associated with Bilateral Transactions and FTRs All Energy and Operating Reserve Markets transactions for generation, load, FTRs and bilateral schedules are settled to the level of the Asset Owners and then invoiced to the MP. Must be represented by one MP, but a MP may have multiple Asset Owners. Not required for Hubs, Interfaces, or Loop Nodes MP-to-AO relationship allows for full flexibility for a MP to manage its users access and to separate internal business units or provide MP services for multiple entities with separate settlements for each Assets An asset must be represented by an Asset Owner Generation (including Load-modifying resources) and Load. Directly related to CPNodes. Generation Assets, 7 specific types. Single Generation Assets 10

13 Behind-the-Meter Generation Jointly-Owned Unit Data Pumped Storage Units Aggregate Generation Assets (Combined Cycle and Cross Compound) External Asynchronous Resources External Pseudo-Tie Generation Capacity Resources, 2 specific types: Demand Response Resources (DRR) Type I (e.g. industrial interruptible load & registered retail load reduction) Demand Response Resources (DRR) Type II (behind the meter generation capable of receiving electronic dispatch) Load Assets, 3 specific types: Load Zones External Pseudo-Tie Loads Non-Conforming Loads CPNodes Key points in the Commercial Model. Aggregate of EPNodes. CPNodes are grouped into 12 specific types: Generation Resource DRR-Type I DRR-Type II Combined Cycle or Cross Compound Collection Stored Energy Resource (SER) Load Zone External Interface Hub (ARR Zones are defined as a Hub Type) External Asynchronous Resource (EAR) External Pseudo-Tied Generator (PSG) External Pseudo-Tied Load (PSL) Loop Node EPNodes An Elemental Pricing Node is a Single Bus Node where Location Marginal Price is Calculated. Represent physical elements in the Network Model. May have a one-to-one, one-to-many, or many-to-many relationships with CPNodes depending on the CPNode Type. As of today the following EPNode types are supported in the MISO Markets: Generation Load Other [Associated with the Non Injection Non Withdrawal (NINW) nodes in the Network Model] 10

14 Thisis a conceptual illustration of how the Commercial Model may be structured for various scenarios. MP#1 MPs may establish relationships with multiple Metering Agents at the asset level 3 Asset Owners AO#1 owns a Generator and a Load Generator CPNode modeled to a single EPNode Load Zone modeled to many EPNodes for 100% AO#2 owns no assets AO#3 owns asingle Load Load Zone is modeled to two EPNodes One 100% One 25% MP#2 Optional Scheduling Agent 1 Asset Owner owns twoloads Load Zone #1 is modeled to one 75% Load Zone #2 is modeled to a NINW 100% 11

15 Circuit analysis of the electric power system State Estimator (SE) Real-Time Line Outage Distribution Factor Calculator (RTLODFC) Real-Time Contingency Analysis (RTCA) Study applications Power Flow (PF) Study Contingency Analysis (STCA) Voltage Stability Analysis Tool (VSAT) Dispatcher Training Simulator (DTS) 12

16 Financial reconciliation tasks Open Access Same-Time Information System (OASIS) Settlements System Customer Care System Physical Scheduling System (PSS) Module E Capacity Tracking (MECT) 13

17 Additional information for each are provided by their respective training materials: Financial Transmission Rights (FTR) Independent Market Monitor (IMM) Day-Ahead and Real-Time Energy and Operating Reserve Markets Operation System (DART) 14

18 Generation Assets The maximum output for a unit must be 5MW for the unit to be explicitly represented in the network model and be a price-setter in the market. Units that are between 1 MW and 5 MW may be modeled in the Commercial Model for settlements purposes only but will not be explicitly modeled in the Network Model. Units below 1 MW are not modeled in either the Network or Commercial Model. Accurate unit representation prevents false base points being sent to the LBA. Load Assets Load is normally modeled within the physical boundary of an LBA and is included in the LBA s load calculation. MISO provides for pseudo-tied load so that an LBA load may be physically modeled at a bus owned by another LBA. Load that is physically located in an LBA within MISO but pseudo-tied to an external BA will be considered in the external BA load calculation. Load that is physically located in an external BA but pseudo-tied into an LBA with MISO, will be considered in the LBA load calculation and assigned to load zones defined in the LBA. 15

19 Both the Network and Commercial Models must be kept current against the following: Addition, deletion, or change of electric power system components Asset registration changes, additions, or deletions Changes to CPNodes Change in an MP registration MISO follows a three month Network Model update cycle; Commercial Model updates coincide with the Network Model changes. FutureFacilitiesneed to be submitted 6 months prior to be incorporated into the model update MISO offers multiple processes for TO and MP reviews; the feedback provided is used to improve and keep the Network Model up-to-date. 16

20 The policy-drivenquarterly update schedule. These dates are general guidelines and may vary. Consult the annual model release and update calendar published on the MISO public web site. Note: Review cutoff dates may be adjusted due to weekends, holidays, or other circumstances allowing additional time. 17

21 No additional notes. This is a summary ofimportant points for this level of training. Additional information is provided in Level 200 Training. 18

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25 All materialslisted are available via the MISO public web site. Extranet access is authorized through the Client Relations department and may require a Universal Non-Disclosure Agreement (UNDA) be executed prior to access. 22

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